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Neem's Hill (NEEMS) investor relations material
Neem's Hill Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q2 2026 saw net sales of 3,292 KSEK, down from 3,841 KSEK year-over-year, with all sales from Animal Care.
Treatment kit sales rose 52% in H1 2026, reflecting increased clinical activity and recurring revenue.
The company completed all orders by period end and expanded its installed base to nearly 60 vetlQure systems.
Academic recognition grew, with a 97% complete remission rate reported in an equine study using TSE technology.
The company rebranded from Scandinavian ChemoTech AB to Neem's Hill AB, enhancing strategic flexibility.
Financial highlights
Net sales for H1 2026 were 6,090 KSEK (6,313 KSEK in H1 2025).
Operating loss for Q2 was -1,984 KSEK (-690 KSEK in Q2 2025); H1 operating loss was -3,363 KSEK (-3,257 KSEK in H1 2025).
Net loss for Q2 was -2,622 KSEK (-943 KSEK in Q2 2025); H1 net loss was -4,195 KSEK (-4,265 KSEK in H1 2025).
Cash flow from operating activities in Q2 was -1,780 KSEK (-504 KSEK in Q2 2025); H1 was -2,923 KSEK (-1,743 KSEK in H1 2025).
Cash and cash equivalents at period end were 1,456 KSEK (517 KSEK in Q2 2025).
Outlook and guidance
Focus remains on expanding the number of active vetlQure users and increasing utilization within the installed base.
The company aims to support broader adoption through clinical evidence, academic partnerships, and customer support.
Management expects recurring revenue to continue growing as more clinics adopt TSE technology.
- Record Q1 sales and improved profitability driven by Animal Care and operational discipline.NEEMS
Q1 2026 - Revenue doubled and losses narrowed, with Animal Care driving growth and TSE validated.NEEMS
Q4 2025 - Strong Q3 revenue growth and record Animal Care sales drive improved financials and outlook.NEEMS
Q3 2025 - Animal Care sales hit records and TSE tech achieved scientific validation, fueling growth.NEEMS
Q2 2025 - Animal Care sales drove improved results, but continued financing is required for growth.NEEMS
Q3 2024 - Q2 2024 saw record sales, narrowed losses, and a successful rights issue boosting liquidity.NEEMS
Q2 2024 - Animal Care sales surged and global reach expanded, but funding needs remain.NEEMS
Q1 2025 - Record sales and improved results in 2024, led by Animal Care's strong performance.NEEMS
Q4 2024
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